Payrailz
Glastonbury, Connecticut, United States
How Payrailz hit $994.5K revenue with a 25 person team in 2023.
Provider of a digital payment platform created to offer a seamless way of advanced bill payment and money transfer. The company's platform uses AI technology, security, cloud-based software and chat bot to offer advanced financial services, enabling banks and credit unions to avail engaging payment systems in a smarter and predictive way.
2016
Founded
$994.5K
2023 Revenue
-24.2%
YOY
$24.3M
Funding
Payrailz Revenue
In 2023, Payrailz revenue run rate hit $994.5K in revenue.
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2023
Payrailz hit $994.5K in revenue in 2023
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2021
Payrailz hit $1.9M in revenue in 2021
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2016
Payrailz launched in 2016 with $0 revenue
Payrailz Funding History
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2019
Payrailz raised a of in August, 2019
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2018
Payrailz raised a of in August, 2018
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2017
Payrailz raised a of in December, 2017
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| August, 30 2019 | |||
| August, 28 2018 | |||
| December, 04 2017 |
Team
Payrailz has 25 total employees and 12 sales reps that carry a quota. an engineering team of 29 and a marketing team of 8.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 25 |
| Engineer | 29 (116%) |
| Sales | 12 (48%) |
| Marketing | 8 (32%) |
Founder / CEO
Fran Duggan
As Chief Executive Officer of Payrailz, Fran is responsible for oversight of all aspects of our company. He is an experienced payments entrepreneur and visionary with a successful track record of turning vision into reality by creating payments and banking platforms and solutions for the financial services marketplace. He is best known for hisability to not only create progressive and innovative strategies, but also to execute and deliver on those strategies while creating meaningful partnerships with financial institution clients and providers.
Q&A
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What's your age?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
Payrailz Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Fran Duggan | CEO | [email protected] | - |
Payrailz Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Fran Duggan | CEO | [email protected] | - |
Frequently Asked Questions about Payrailz
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When was Payrailz founded?
Payrailz was founded in 2016.
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How much revenue does Payrailz generate?
Payrailz generates $994.5K in revenue.
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Who is the CEO of Payrailz
The CEO of Payrailz is Fran Duggan.
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How much funding does Payrailz have?
Payrailz raised $24.3M.
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How many employees does Payrailz have?
Payrailz has 25 employees.
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Where is Payrailz headquarters?
Payrailz is headquartered at Glastonbury, Connecticut, United States
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